Bank Tabungan Negara

About Bank Tabungan Negara

PT Bank Tabungan Negara (Persero) Tbk or better known as Bank BTN (hereinafter referred to as "the Company") - has a long history in banking industry in Indonesia. Bank BTN was established in 1897 under the name Postspaarbank. In the era of independence, more exactly in 1950, the Government of the Republic of Indonesia changed the name Postspaarbank to Bank Tabungan Pos, which finally became Bank Tabungan Negara in 1963. In 1974, the Company was appointed by the Government as the only institution to disburse KPR to lower middleclass society, in line with the Government's initiative to promote housing program for its people. The Company listed its initial stocks on December 17, 2009 on the Indonesia Stock Exchange, and was the first Indonesian bank to securitize asset by recording Asset BackedSecurities - Collective Investment Contracts (KIK-EBA). As a bank that focuses on housing finance, Bank BTN is willing to help Indonesian people in turning their vision into reality when it comes to having the dream house. This desire has been shown in its more than six decades of consistencyin providing a variety of housing products and services. particularly through KPR (mortgage), both "KPR Subsidy" (Subsidized Mortgages) for lower-middle segment and "KPR Non-Subsidy" (NonSubsidized Mortgages) for middle and upper segments. As a Bank focusing on housing finance, the Company has also succeeded in elevating its position to become the 9th largest bank in Indonesia in term of assets and loan disbursement. Aspiring to be the world class company with a goal of providing the best outcome to its stakeholders; Bank BTN is always consistent in emphasizing its focus as a leader in the housing finance. At present, Bank BTN's business focus is accentuatedin three sectors: Mortgages & Consumer Banking, Housing & Commercial Banking, and Sharia Banking. Each group runs its business through lending, funding and other related services.